Company Overview
This is the official company page for BMW (UK) Ltd, the sales, marketing and aftersales division of the BMW Group in the UK. The business, which has its headquarters in Farnborough, Hampshire is responsible for the distribution and sale of BMW Group products (BMW, MINI, Motorcycles and Parts) primarily through its independent BMW Centre network.
The role
We are looking for a proactive and detail-oriented Payroll and Benefits Specialist to take on a stand-alone role to manage and process the payroll and benefits administration functions for 300 employees. The ideal candidate will possess a strong background in payroll management, a solid understanding of benefits programs, and the ability to ensure compliance with all relevant laws and regulations.
Key Responsibilities
Payroll Administration
- Accurate and timely processing of payroll of one monthly payroll for approximately 300 staff.
- Ensure the accurate calculation of wages, overtime, bonuses, commissions, and deductions, including tax withholdings and benefits contributions
- Resolve payroll discrepancies and answer employee enquiries regarding pay and deductions.
- Prepare and submit payroll reports, including tax filings and year-end reports
Benefits Administration
- Oversee the administration of employee benefits programs, including pension, health insurance, company car schemes, and other company-sponsored benefits.
- Act as a point of contact for employees regarding benefits-related inquiries.
- Work with third-party vendors to ensure accurate enrolment and changes to benefits plans.
- Ensure compliance with payroll and benefits related laws.
- Conduct benefits audits to ensure data accuracy and compliance with contractual obligations.
Compliance And Reporting
- Monitor changes in payroll-related laws and regulations, ensuring the company’s compliance pay, statutory requirements tax regulations, and benefit mandates.
- Collaborate with HR and finance teams to ensure proper accounting and reporting of payroll and benefits expenses.
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